Goosehead Insurance (GSHD) announced that its subsidiary, Goosehead Insurance Holdings has closed on a $300M term loan B and $75M revolving credit facility. The term loan facility will bear interest at a rate of SOFR plus 3.50%. Proceeds from the new term loan agreement will be used to retire the Company’s existing $93M term loan, pay a one-time special dividend, and other general corporate purposes. The maturation date of the new term loan facility is January 8, 2032.
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